Within the frames of government programs financing JSC Development Bank of the Republic of Belarus is granting loans in a non-cash form in Belarusian rubles and (or) foreign currency for investment projects realization to capable and solvent applicants – legal persons and individual entrepreneurs, included into the schedule of financing of government programs and measures by JSC Development Bank of the Republic of Belarus annually approved by the Council of Ministers of the Republic of Belarus.
The loan maturity is set up basing on the project payback period and shall not exceed 15 years.
The size of interest for loan usage is specified by the resolutions of the President of the Republic of Belarus or Government of the Republic of Belarus, otherwise – by JSC Development Bank of the Republic of Belarus.
The amount of loan shall not exceed 80% of the total investment in fixed assets (capital costs exclude VAT) of the relevant project.
To obtain financing legal persons and individual entrepreneurs can participate in tenders held by JSC Development Bank of the Republic of Belarus with the purpose of selecting investment projects to be realized within the frames of government programs, for rendering government financial support in the form of loans. The tender winners shall be included into the schedule of financing of government programs and measures by JSC Development Bank of the Republic of Belarus.
Legal persons shall also be included into the schedule of financing of government programs and measures by JSC Development Bank of the Republic of Belarus in cases when their realization of definite investment projects is specified by government programs or resolutions of the President of the Republic of Belarus and Government of the Republic of Belarus.
The applicant is to submit a set of documents in line with the Bank’s local regulatory legal acts for the Bank’s authorized bodies to consider the possibility of loan granting.
